22:52 IST
NSE
Merger & Restructuring
NLC India Merger & Restructuring Worth ₹5,400 Cr
NLC India signed a JV agreement with NALCO to develop a 1,080 MW thermal power plant in Odisha. Both entities will hold equal 50:50 equity in the new venture.
- Value
- ₹5,400 Cr
- Execution
- 25 years for fuel supply and power purchase agreements